Greca Developments: developer for the Greek Golden Visa
Rank 2 of 16 in the developers ranking · 84.0 out of 100
About Greca Developments
Greca Developments is a residential developer with its office in Glyfada, Athens. It builds housing in Athens, Piraeus and Saronida; the projects on its website include 3S Athens, M71 Glyfada, T18 Residences and the L22 student housing. The company says it has been working for about eight years.
The site states more than 10,000 m² under development and a portfolio valued at over €50 million. Greca stresses design that fits its surroundings and the local community, and it keeps a separate section for Golden Visa buyers.
Greca Developments is a developer from the Ways to Europe catalog. In the catalog it has 10 projects in Greece, 6 of which have apartments for sale now. In all 97 apartments are tracked, 31 of them free.
Free apartments cost from €250,000 to €1,700,000. The median price per m² is €7,962, which is above the median across all ranked developers (€5,868). Data as of November 2026.
The description is based on the company's official website (grecadevelopments.com), checked on 2026-11-08; figures the company gives about itself have not been verified independently.
- Rank
- 2 / 16
- Score
- 84.0 / 100
- Projects in the catalog
- 10
- Apartments for sale
- 31 (68% sold or reserved)
- Price from
- €250,000
- Median per m²
- €7,962 / m²
- Finished or due in 12 months
- 87%
Prices exclude taxes and fees, from the catalog as of November 2026. Prices and availability change; we confirm the current ones at a consultation.
The company in numbers
- Experience
- about 8 years
- Project area
- 8 000–10 000+ m²
- Portfolio value
- over €50M
The figures are the company's own, from its website; we have not verified them independently.
Offices and geography
Head office
Glyfada, Athens, Greece
Maragkou 5, 166 75
Company history
2011
The group's founder, Ahmed Abbassi, arrives in Athens as an exchange student.
2013
Greca Homes is founded, a brokerage focused on the Greek Golden Visa; the site says it has helped more than 120 families secure residency.
Later
The group launches Greca Developments, its development and investment arm, and also manages investment funds for high-net-worth clients.
Leadership and team
Ahmed Abbassi
Founder and CEO
Names and titles as given on the company's official website.
What the company does
- Development
- Sales
- Golden Visa support
- Asset management
Approach and values
The mission is to design elegant simplicity with an emphasis on premium Athens locations and on tying design to nature and the local community. The company's three pillars: leave stigma behind, build reputation, continue trust.
Greca Developments is the development and investment arm of Greca Group, a holding that also includes the brokerage Greca Homes.
What the score is made of
The four criteria of the ranking, each from 0 to 100. The calculation is described in the method.
Choice · 35%
63 / 100
Demand · 20%
100 / 100
Timing · 25%
87 / 100
Openness · 20%
100 / 100
Strengths
- Demand: a large part of the apartments is already sold or reserved
- Timing: almost all free apartments are finished or due soon
- Openness: price, size and delivery date are given for all apartments
Worth noting
nothing stands out on this criterion
Greca Developments projects
The developer's projects from the catalog. Projects from our selection have a page with photos and the full cost.
T18 Residences
- Price from
- €263,000
- Free
- 5 of 20
- Delivery
- January 2027
L22 Student Housing
- Price from
- €250,000
- Free
- 4 of 23
- Delivery
- January 2027
M71 Glyfada
- Price from
- €293,000
- Free
- 4 of 12
- Delivery
- January 2028
Saronida Blue - SB64
- Price from
- €1,700,000
- Free
- 1 of 1
- Delivery
- finished
and 4 more with apartments for sale or sold out
What to check before buying from Greca Developments
Before the preliminary contract a lawyer checks the developer's title to the plot, the building permit and the absence of encumbrances, as well as the payment terms and liability for late delivery. Whether a chosen apartment meets the Golden Visa threshold depends on the area and the type of property.
Investment threshold finderProperty purchase calculatorAll projects of the selectionBack to the developers ranking
The ranking is informational. It is not a recommendation to buy from a particular developer or investment advice. Prices and availability change; we confirm current data at a consultation.
Frequently asked questions
Questions about Greca Developments
Which Greca Developments projects suit the Golden Visa?
Most apartments for sale now are in: 3S Athens, F7 Serviced Apartments, T18 Residences. Whether a particular apartment meets the €250,000, €400,000 or €800,000 threshold depends on the area and the type of property; you can check it in the investment threshold finder.
How much do Greca Developments apartments cost?
As of November 2026, free apartments cost from €250,000 to €1,700,000, with a median of €7,962 / m² per m². Prices exclude taxes and fees; the purchase calculator works out the full cost.
When are Greca Developments projects delivered?
87% of the free apartments are finished or will be handed over within 12 months. The timing of each project is shown above; we confirm exact dates at a consultation.
Where does Greca Developments stand in the ranking, and why?
Greca Developments ranks 2 of 16 with 84.0 out of 100. The score combines choice, demand, timing and openness of the price list; the calculation is in the ranking method. The ranking does not assess build quality.